Is This the End for DStv? MultiChoice’s Profit Takes a Massive Hit
14 November 2024
MultiChoice Group, the South African pay-TV company, reported a significant decline in its half-year profit, attributing the 99% drop to a challenging operating environment. The company, which operates DStv across 50 sub-Saharan African countries, faced headwinds from weakening local currencies, particularly in Nigeria, and severe power outages in Zambia.
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